Garbage Bag Market - Global Industry Analysis

Garbage Bag Market

Garbage Bag Market by Material (Low-Density Polyethylene, Linear Low-Density Polyethylene, High-Density Polyethylene, Polypropylene, and Others), by Size (Small Size (Up to 5 Liters), Medium Size (Between 5 and 20 Liters), and Large Size (More Than 20 Liters)), and by End-User (Retail and Consumer, Institutional, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Published Date: 09-Jan-2019 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-3448 Status : Published

Global garbage bag market expected to generate around USD 2.29 billion by 2024, at a CAGR of around 6.7% between 2018 and 2024. The high-density polyethylene (HDPE) segment is anticipated to register the highest CAGR over the forecast timeframe, due to its high tensile strength.

Description

The report covers a forecast and an analysis of the garbage bag market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the garbage bag market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the garbage bag market on a global level.

In order to give the users of this report a comprehensive view of the garbage bag market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Garbage Bag Market

This report also provides a market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.

The study provides a decisive view of the garbage bag market by segmenting the market based on material, size, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some major players of the garbage bag market are Dagoplast, Terdex, Pack-It, MirPack, Luban Pack, Novolex, Cosmoplast, Extrapack, Clorox Australia, Achaika Plastic, Kemii Garbage Bag Co., Reynolds Consumer Products, Inteplast Group, Four Star Plastics, International Plastics, Primax, Berry Plastic Corp., Plasta, Heyuan Ruijian Plastic Products Co., Ltd., and Allied Plastics, among others.

This report segments the global garbage bag market into:

Global Garbage Bag Market: Material Analysis

  • Low-Density Polyethylene
  • Linear Low-Density Polyethylene
  • High-Density Polyethylene
  • Polypropylene
  • Others

Global Garbage Bag Market: Size Analysis

  • Small Size (Up to 5 Liters)
  • Medium Size (Between 5 and 20 Liters)
  • Large Size (More Than 20 Liters)

Global Garbage Bag Market: End-User Analysis

  • Retail and Consumer
  • Institutional
  • Industrial

Global Garbage Bag Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

Free Analysis

Garbage bags or bin bags are disposable bags for collecting, storing, and handling trash or garbage. Generally, these bags are used to line the insides of dustbins or huge waste containers. They have a wide range of applications in people’s day-to-day lives, such as colleges, households, offices, restaurants, industries, shops, hospitals, etc. They are designed as per USDA and FDA specifications. Thus, they are leak-proof, hygienic, lightweight, portable, and durable along with being water and air resistant. Additionally, these bags can be easily recycled.

The rising health and environmental awareness among the consumers and supportive environmental policies implemented by governments of various regions are likely to positively influence the garbage bag market in the future. In addition, the increasing disposable income of people is boosting the demand for cost-effective and convenient trash bags, which is likely to further fuel the growth of the garbage bag market over the estimated timeline. However, stringent environmental policies and taxation over the use of plastic bags to diminish the harmful environmental effects might hamper the garbage bag market in the upcoming years.

Global Garbage Bag Market

By material, the garbage bag market is segmented into liner low-density polyethylene, low-density polyethylene, high-density polyethylene, polypropylene, and others. By size, the garbage bag market includes small size (up to 5 liters), medium size (between 5 and 20 liters), and large size (more than 20 liters). By end-user, the garbage bag market is classified into retail and consumer, institutional, and industrial.

By region, this global market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is projected to be the fastest growing market for garbage bags. The growth in this region can be attributed to the rising need for an efficient and effective system of waste management, especially in emerging economies like India and China. The North American and European regions are anticipated to show a substantial growth rate over the forecast time period. A better standard of living witnessed among the middle-income group is another key factor likely to propel the European garbage bag market in the future.

Some major players of the garbage bag market are Dagoplast, Terdex, Pack-It, MirPack, Luban Pack, Novolex, Cosmoplast, Extrapack, Clorox Australia, Achaika Plastic, Kemii Garbage Bag Co., Reynolds Consumer Products, Inteplast Group, Four Star Plastics, International Plastics, Primax, Berry Plastic Corp., Plasta, Heyuan Ruijian Plastic Products Co., Ltd., and Allied Plastics, among others.

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